MUMBAI: Procter & Gamble's efforts to push its margins wider by getting rid of products that it doesn't consider strategic anymore are still weighing on sales, with its performance in India a telling example. But the maker of Gillette shaving products and Pampers diapers is confident that the short-term pain will give way to long-term gains. In India, the world's largest consumer products maker posted high-single-digit sales growth in the January-March quarter in segments that are strategically important for it, the company said.

Canada’s notoriously oligopolistic big banks have long dominated the financial industry largely thanks to one simple fact: There’s just six of them. But they could soon become seven if a one sleepy Crown corp has its way.

It looks like a goofy mosquito, its fat cockpit shoving through the wind while aloft, its wings folded up like a dragonfly while grounded. And it marks the biggest step toward a real, commercial flying car.
The Terrafugia Transition earned an exemption Sunday from the Federal Aviation Administration as a “light sport aircraft,” meaning the federal government is on track to legalize the first flying car.

One of the hottest debates in the stock market right now is about where record-high profit margins are heading next. GMO's James Montier and John Hussman of Hussman Funds are among the market strategists who are convinced margins are unsustainable and doomed to fall to a long-term average.

One of the hottest ongoing debates in the stock market is about the sustainability of historically high profit margins. High profit margins have allowed companies to amplify modest sales growth into impressive earnings growth.